C
Cap District Physicians Hlth
AlbanyNY
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.1 on a scale of 0 to 10) in spite of steady enrollment growth, averaging 6% over the past five years. Weak profitability index (1.4) with 92.4 million in losses in the last three years. Good quality investment portfolio (6.8) containing junk bond exposure equal to 81.3% of capital.
Other Rating Factors: Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business: --
Licensed in: NY
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Capital District Physicians Health Plan Inc
Investment Rating
--
Company Address
500 Patroon Creek Boulevard
Albany, NY 12206
Phone Number
(518) 641-3000
NAIC Number
95491
Largest Affiliates
C
Albany, NY - Health